There are three different ways that checks take care of their work of taking money from your account and offering it to someone. The customary route started with a piece of paper that you gave to a vendor, who sent it to their bank, who sent it to your bank, and your bank sent the money to their bank. It was moderate and expensive for merchants to use.

Along came electronic check readers – scanners that read the code from your paper check and sent it to your bank, then your money was credited to the vendor immediately. This was faster, less expensive, and offered greater security, with a major improvement over the cumbersome paper checks.

Time passed and technology evolved, and now verification processors offer software that takes the key data electronically to your bank, gets the money, and places it in the vendor’s bank. It was with this process that the true electronic check (called e-Check) was created. It enjoys every one of the benefits of the scanned check yet should be possible entirely online.

For credit card leery consumers, electronic checks offer a quick and safe method for online payments.

American Verification Process Solutions offers this service: e-Check Processing.

Expand your payment choices to include ACH Processing for your current and new customers.

• No outsider integration needed
• Combined Reporting with all your other payments
• Eliminate the expenses and inconvenience of paper checks
• Lower Fees – ordinarily lower than credit cards and PayPal
• Reliable, Secure, PCI-consistent
• 24/7 Online Reporting

How do Gateways help?

We’ve partnered with payment gateways to bring security, ease of use, and low prices to keep you straightforward, help your primary concern, and process safety. Gateways integrate with the vast majority of the mainstream shopping baskets and e-commerce stages just as provide features, for example, ACH processing, recurring charging, etc.

Check out some of the features provided by Gateways for reliable and secure processing:

• Credit card, debit card, and ACH payments

Accept a versatile number of payment choices to keep you developing

• Reduce Expenses with our Low Rates

Improve your main concern with more choices of gateways

• Scalable with User-Friendly Interface

Easy to develop into an easy to use so you will not need to relearn anything

• No extra hardware needed

Use your internet-connected Macintosh or PC with no added purchases

• Dedicated Merchant Account

Get your money faster compared to utilizing other payment services

• PCI-agreeable Security – Fraud Prevention

Fraud management apparatuses keep your business and customer information safe

• Mobile-ready: IOS and Android Compatible

Synced to your virtual terminal to keep you processing anywhere

• Quick Bunch Processing

Mass processing will save you time so you can concentrate on others

• Customer Management

Construct a secure customer database to better serve and connect to them

• Seamless Shopping basket Integration

Compatible with most e-commerce stages for quick, secure exchanges

• Recurring Charging – Set. Bill. Bill once more.

Speedy and easy setup to begin charging your customers regularly

• Business Reporting and Bits of knowledge

Manage your business more efficiently with advanced reporting features

AVP Solutions offers a new business owner or an experienced one with best-in-class customized payment processing solutions that gives you an edge.

With the promise of causing your business to get better with the presentation of new online technologies and software for the online presence of your business.

Set up your virtual gateways, merchant accounts, mobile terminals, and countertop terminals for your online business with affordable solutions by American Verification Processing Solutions.

CONTACT US

Get in touch with us for a free consultation by connecting with us on our Contact Page or reaching out to us through the below information –

• Address – 6737 Variel Canoga Park, CA 91303
• Phone Number – 1-800-719-9198

The post VIRTUAL SOLUTIONS by AVPS appeared first on Articles For Website.

More and more businesses are taking advantage of what the internet offers, great access to more target markets and the opportunity to increase revenue. Going online is not that easy actually, especially if you want to do business the right way and gain the trust of consumers. How about payment methods? What types do you plan to accept? All these issues are related to the merchant account and if you don’t know what it is, you will soon find out. Based on how many people prefer online ordering and payment methods, it is time to embrace credit card processing.

What Is a Merchant Account

The merchant account is a bank account established among a merchant and a payer that gives businesses the opportunity to accept payments from debit and credit cards. The money is not transferred instantly but held for a certain period of time and then the business receives it. Some might wonder why they need the account from the first place, but the truth is that it offers many advantages, among which increased revenue and online development. In today’s era it is necessary to provide consumers a wide array of possibilities, especially when it comes to payment.

People use cash less than ever and they prefer electronical-friendly methods. They want to pay using their credit and debit card and once they find businesses that allow it, they continue to shop from them. Not to mention that customers have trust in brands that take all security measures and go the extra mile to please their desires. For businesses as well it is more convenient to receive the funds in their bank account and deal with cash less. Tracking orders and money is easier this way and financial departments are able to conduct reports and expenses better.

Why Adopt Credit Card Processing

All business managers are encouraged to know the implications of  credit card processing  and why it is recommended to accept such payment methods. Perhaps it sounds like a lot of work at the beginning and they have to pay certain fees regularly, the impact on the business is undeniable. Prospect buyers gain a sense of trust in your brand when they see the logos of credit cards you accept. They have and trust the cards in their wallet, so they trust the merchants who accept them as well.

Once you accept credit and debit cards, you will notice a boost in sales, because you will attract other target markets and reach a customer database that prefers such payment options over cash-only operations. The more customers you attract and satisfy, the more money you make. Keep in mind that people talk, and it is very likely that buyers recommend your products and services to others. You can even think about expanding the business and in case you are not delivering outside the country yet, you will soon enough. There are many more opportunities and you can make your business grow.

You don’t have to open a physical store in another location, you can develop a powerful online presence. Have you thought about taking your business online? Online sales are growing day by day and business owners need to think about participating in this trend. Being able to process sales and payments online is crucial and it is possible through a  merchant account (https://www.bams.com/b2b-merchant-account/) . Without it, you are not able to take part in this ecommerce sector. Accepting major payment cards is the fastest and easiest way to help your business expand and attract more buyers. It requires some commitment and investment, but all efforts are worth it.

Having a merchant account streamlines the checkout procedure online, but also in-store. Clients are more satisfied with payment options when there is a trustworthy account that processes credit/debit cards. Also, they will feel more comfortable purchasing from you, because they see the business in a more professional manner. However, it matters who you choose to process payments and what company will partner with your business. You need to take the right decision and think about several aspects, as otherwise you can meet complications and put your business at risk.

Choosing a merchant account provider is a very important decision. It needs to offer technical support, security methods, and have a proven track record. You can view reviews and testimonials and find out if clients complain about services or if they are completely satisfied and recommend the provider. Rates matter as well, especially for small businesses that don’t have a large volume of sales just yet and they need to keep costs under control. What about hidden fees? Having a realistic quote helps and providers need to be open about all costs involved and if they plan to increase them in the next period.

Why Accept Credit Cards

Credit card processing should be embraced by businesses that want to grow sales and stay ahead of competition. It is very likely that competitors already accept credit cards and if you want to remain profitable, you should offer the same services. It is not worth leaving your prospect clients in the hands of your competitors, when you can easily find secure and reliable solutions to process all orders and payment from customers. The process is stress-free, especially if someone experienced and reputable handles it.

Many shoppers buy products and services on the spot, especially if they can pay with their credit card. Impulse buying is very effective for businesses, because clients don’t have to run to the ATM or write checks, they simply enter their card information and place orders. Many studies reveal that people tend to spend more money when they pay with their credit or debit card. This is another good reason to embrace credit card processing.

At a certain point, businesses deal with bad checks and these have a negative impact on the profit, not to mention time wasted to track down the client and get the money back. Credit card processing reduces the risk of fraud and if you choose a reliable merchant, you can be sure the process is secure, and all transactions are protected from identity theft and data breach.

The post The Advantages of Having a Merchant Account appeared first on Articles For Website.

How to Reduce Your Credit Card Processing Costs!

Did you know that a payment gateway is one of the best ways to reduce your credit card processing costs? The gateway will not only offer you many alternatives that you can use to receive payments from your clients in many different ways. But it will also help you reduce your costs by decreasing the number of fees that you will need to pay. There are two main methods through which this type of software can help you.

• Level 3 processing. If most of your transactions are made towards other businesses, government agencies, or associations, then your transactions are eligible for level 3 processing. This method will reduce the interchange fee to almost half its normal costs. The standard fee is 2.95% per transaction. While using specialized software can reduce it to 1.9%. In the short term, this amount may seem insignificant. But a reduction of 1% will mean a lot of money in the long term.

• Recurring billing. The second method through which you can reduce your costs is through recurring billing. This will automate a part of the payment process, and it will eliminate many of the fees that you would need to pay per transaction. The only fees that will remain are the ones from the moment when the subscription is made. The automated payments made through these subscriptions will not be charged by the fees.

Depending on the level of your business, it may be the best method that you can use to reduce the costs of your business. Although you will have to pay for the software, with enough transactions, the costs will be covered, and you may even be able to make more profits. Moreover, the software will provide many more advantages that will help you grow your business easier and much faster than you could do without it. For example, recurring billing will also provide two other benefits.

The Efficiency of Your Credit Card Processing Will Increase!

If you can switch your sales model towards recurring billing, then you can increase the efficiency of your  credit card processing  massively. How so? Well, through recurring billing, most of the payment processing will be made automatedly. And the efficiency of a program is much higher than the efficiency of a human. With this method, you can also get three essential benefits.

• Save time. Imagine the difference made between making each transaction manually and letting a software to take care of it for you. How much time will you be able to save? The more clients your business has, the more transactions need to be made. This also means that the time lost on processing these transactions manually is a lot. But if you are going to use the software, then the time can be saved and used for other purposes.

• Save effort. The effort used for these menial tasks will also disappear. And it can also be used for other tasks. This does not mean that your employees will not have anything to do. You can always find something new for them to take care of. By doing this, you will be able to increase the efficiency of your business. And the benefits of doing that are immeasurable.

• Grow faster. Automation is the key to success. The more process of your business is automated, the easier it will be to manage, and more time and effort can be used to grow it. Instead of wasting time and effort on menial tasks such as payment processing. It is better to use a gateway and transfer your resources towards places that will increase the growth of your company.

A Payment Gateway will Increase the Security of the Payments Made by Your Clients!

Another advantage offered by a  payment gateway  is an increase in security. Most payment processing companies will require you to be PCI compliant. If you are not, then they will help you through the process. This is an enormous benefit that not only will make your business safer to work with, but you can use this as a marketing method to attract new clients. But firstly, what means to be PCI compliant?

PCI DSS is one of the biggest standards that was created for the card payment processing industry. Basically, every company that accepts payments from their customers through a bank card needs to be compliant with this standard. It is a highly recognized standard because it was created by a collaboration between the biggest card payment brands such as American Express, Visa, And MasterCard. For this reason, most payment processing companies will require and even help you become compliant with this standard.

There are basically two requirements that you need to regularly meet to remain compliant with the standard. The first one is to ensure that you have the required knowledge about your system security. It is an annual self-assessment questionnaire. So, every year you will need to complete and pass this test. The second requirement is to pass a quarterly scan of your systems that use the internet. A PCI certified company needs to make these scans to ensure that your systems have a high enough security to not be hacked.

Being compliant with this standard will require your systems to have a high-level of security. This also means that your business’s information and money are safer. You will not have any reason to fear that a hacker may steal from you. But you still need to be careful, because your data can be stolen through direct access to your systems.

But the biggest advantage is the fact that the information of your clients is also very safe. This means that you can market yourself as a very secure company by making use of the name of this standard. By doing this, the number of your clients will grow. On the other hand, without enough security, the information of your clients may be lost, and you may have to suffer some consequences as well.

The post What Advantages Can Your Business Get from a Payment Gateway? appeared first on Articles For Website.